good you us and joining Thank today. everyone. morning, Winnie, Thanks, for
pursue performance. a our as foundation to saw organization year started in future journey of provide our while to our XXXX. be the for set for worldwide setting for our clear ambition desired delivered choice culture, the and and our we for broad proud reimagining are Global was with mission, values, and transformation the It accomplished financial solutions. agenda us operational partner We by of a strong priority all view vision the also business, We to to course transformation our commerce that pivotal we Payments of
compete We will the and win. most focus for to we we to the and attractive area how that holistic organization growth business strategy best to performance. to determine a From execute sustainable position business refreshed our the there, focused are investments a in of review drive of and opportunities undertook against the and to positioned then our best deliver where efforts strategy our
to realignment well as portfolios model investor our assets. positioning, the led our September. growth used potential as transformation first review at to that to operational the capabilities, market we of approach examining described go-to-market drivers, program product and in business operating our principles We and a conference the This optimize structure,
We are simply, against provide execute reinvestment and number us initiatives quite the with a and, create continuing benefits to capacity of drive to growth significant meaningful that incremental business. for run will
financial deliver transformation, our executing While have on to strong we continued performance.
X% over produced October. in business we fourth an currency our business, the outlook in growth, and with QX consistent Issuer from including the provided sequentially excluding quarter, we in constant dispositions, X% and For the X.X% Merchant acceleration
detailed growth, growth, incremental despite consistent the X% share record we XXXX our of the the for net and absorbed. per with headwinds earnings delivered adjusted at double-digit And year, revenue FX outlook operating full adjusted beginning adjusted margins initial
from to our of $X flow divestiture generated adjusted including $X.X We business. of returned recent proceeds also the shareholders, and roughly free cash AdvancedMD billion billion
our priorities. Our execute focus sharpened and on of consistent throughout model performance strategic we durability our year the our highlights of the as benefits
segment, our POS deliver strong to continues results. In and our Merchant business software
teens retail we new and Our winning the high achieved in XXXX. are in verticals, evidenced and locations solutions are restaurant growth the robust by POS as
Our increase be America, XX% could recurring North we products a under the where POS the about ahead globally. the we revenue roughly annual notably growth extend more of from our excited opportunity saw in them we customers. performance brand in not And channel as significant the strong direct and opportunity consolidate our and benefited platforms with new Genius
expanded one thousand existing our to Notably, kitchen in we spans several partnership QSRs of relationship drive-through the to locations fourth multinational North largest America. the our management solutions include that quarter with in in addition
for as Burger, and the kiosks now partnership which also cloud boards. expanded We primary menu partner POS, includes Warner our long-standing technology
reached vertical multipurpose Additionally, Kong's we sports with have Highcatch entertainment excited continue and Sports to have to the Park, venue. stadium events and agreement are and Hong state-of-the-art an success in new
company also renewed in entertainment to We events a support and multiyear Ireland our multinational the a partnership its major POS U.K. period. with and over expanded
now loyalty our Importantly, our attendees. relationship and will enabling event reward offers for personalized include solutions, experiences
well stadium payments. notable relationships code Other Football which PayLink solutions, partnership Pool, now to services, and Black as include kiosk Newcastle, POS new Birmingham as Farms expanded QR an in addition and XXXX ticketing POS achieved Clubs, the City, with Nottingham ordering includes in
an XXXX executed partnership rolled before as across States for technology Canada commerce opens the Baseball with Minor course, in partner new Diamond total a the fully official a be ballparks Club's its to and with we season Baseball track United League the on Of for serve earlier XX April. in in Holdings our Diamond in out additional franchises to remain portfolio XX of We solutions XXXX.
as increased than business, university a education in and our international sales new across significant including with of new in more Canada. as U.K. number customers XXXX, the wins XX% In Ireland well
relationships the roughly XX the from a Los School new XXXX. year, have with XXX X adult addition the Unified school districts the added Angeles we with District, also school now And increase United of XX% districts this States. through largest K We in
Rent property their Software, customers. Manager estate product MRI leading signed which expanding real and year, real during platform we services AppFolio, providers, partnerships allow customers cross-sell to In our than to more also new vertical, the software additional while will the XXX management like with estate us
ISV we SB U.K., embedded, Integrated added also and to our XX% compared offerings Asia, align across Turning activities year. as Australia capabilities globally. the our signings XXX payments better increased integrated LatAm, we and across new the partnerships Notably, to prior seek in international XXXX to partner
U.S., with embedded choices for to to into expanded also accelerate checkout its furthering simplify our our and enhance offer collaboration our solution This We experience we platform, their PayPal across relationship lane deliver digital our the recently the their customers by extends efforts integrating to fast consumers. can experiences the allowing payment solutions.
Moving to payments. core
partners new commerce driving services, forming on with and significant and outstanding globally. relationships existing enablement Our focus deeper with opportunities both
Commerzbank to with have already strong onboarded our make in the Germany midyear. progress of since venture and X,XXX over continue joint merchants We inception
Poland Mexico. Central including as Additionally, we in growth trends as in double-digit we benefit where payment well and key XXXX, in other secular Greece saw in from LatAm, geographies, Europe, strong
we file Shifting successfully traditional throughout with in with operational our $XXX of ended year. to execution the XX were Solutions, completed accounts year implementations customer Issuer the pleased record million. on We XXXX and
additional to well have a strong of conversion of into an institutions continue intent that million with well We pipeline as worldwide. extends as XX letters more XXXX, X than accounts
in contracts completed we renewals partnerships. with multiyear the executed and In fourth Van includes City XX KeyBank, This quarter. customer Financial and XXXX, new
years, Federal and XX global And earlier clients over of our to renewed few this going reflecting addition Money, good us forward. that with clients, premier top and Credit NatWest year. Navy other agreements visibility our Union, we last the we've Virgin XX the significant several partnerships announced In strength of Citizens, stability and providing
consistent technology track with modernization progress also we our to completed our was with client-facing in applications on program. fourth make full XXXX. continue quarter, substantial the for We and of our commercial remain launch plan, Development in
progress have pilots production We XX are this client to pilots a customers, more track have and existing on than year. in dozen with in
be the We recently Visa of XXXX, of way certification capabilities, exclusively and modernized of the adoption By paving Mastercard. platform for authorization selling widespread our cloud with these solutes. end achieved we'll cloud
our and channels of portfolio of frictionless the business, us through ambitious more way. deliver transformation enable solutions agenda Across rich our capabilities all to a in our will
great across making primary early While are focus X still areas. progress we days, already
First, our quarter. process of see AdvancedMD exiting we're we are Further, last markets subscale conference, on of Asia the the closed In small expansion. identified as streamline successfully and and we opportunities simplify limited the investor several we we Pacific where this for announced have in sale to discussed we in at opportunity business. meaningful December, quarter,
portfolio of review. With million these actions, net our than we we to have exited adjusted a the revenue $XXX little million through targeted of $XXX more $XXX million
targeted pleased will with business. right the have win, we advance us further initiatives to and continuing to exits are our differentiated on divestitures better are are position and how where these focus and to that streamline other We
completed other designed initiatives We our have simplify to structure. business also
past to growth more our in stake are has CaixaBank acquired Erste and decade, and successfully we This exceptional while venture operations quarter, pan-European capture the the Group. achieved forward, business fourth about excited the governance. During the going simplifying opportunity our joint economics with we of over
reached the Mexico, combine scale, our in We efficiencies. harmonize creates opportunity existing drive allowing Mexico. investments an X amplify to stake increase recently in to and venture agreement purchase in This our to joint also go-to-market businesses HSBC our us strategy,
unified unlock common and across model our we technology fully leadership, single reoriented working capabilities, business under functions operating a have worldwide Second, all business our globe. this, networks have operating of our growth Merchant our while our To leveraging homogeneous have Solutions are the we unified organization. accomplish a of potential our to consolidated successfully under best into and centralized the distribution teams
us in a globally, Genius. beginning launch completed brand, products work on verticals under positions to point-of-sale We the the and the restaurant for better common aligning retail solutions harmonize will capabilities and and Genius U.S. best the branding our quarter. in full our This solutions second our including now
the will Technology medium-sized chains. National solution Association extend May, the launch retail the Conference. for with September, enterprise also than live sub-verticals Genius our Genius Conference, retail Foodservice additional the of our we attended leading and Genius at Restaurant by offering small- SMB more solution go businesses. we we with in In is QSR to will which restaurant customers and will restaurant for solutions the XXX to tandem introduced restaurant Simultaneously, Notably, this
additional including markets Czech to followed of U.K., and markets, the We Germany, will bring in Canada, begin the by Genius thereafter. rolling we the including XXXX, Spain, Mexico, and shortly and out second Romania, Genius will Ireland early Australia, international in year, Republic. In Austria half Poland the
solutions our our platform across Genius end platform. from POS be loyalty, offerings. common also a year, service our functionality third-party applications, ordering of the the and vertical And and and making available We're by [indiscernible] ubiquitously across progress marketing capabilities such accounting as online technology integrations will delivery,
aligning number driving a common invoicing, reducing This Additionally, capabilities. streamlining leveraging and of by consolidating platforms, synergies we're functions already hardware includes SKUs. support our
set have migrate solution customers defined road and Genius. we upgrade time, significant over best-of-breed We transition seamless delight platforms our the map also us that customers, converge platforms merchants to a will we will As paths to using upsell opportunities. cross-sell cloud while and legacy their to for provide with that providing a
solutions channels POS also leverage We extend to globally. fully our Genius to intend our distribution
dealers Our launch. Genius, to and already sales with had overwhelmingly opportunities been the about has positive extensive wholesale teams, and partners upcoming FI significant preview excitement reception and have the
initiative our activating sales regions to are is improving and to generation This approach efforts, later underwriting and Future will cross-selling, Sales which in reimagining our retooling includes and the international upscaling important sales and the our program, Another lead process, we our direct our year. incentives to U.S. provisioning merchants. started Force onboarding pursuing and marketing new teams enhancing accelerate aligning this with of and extend organization,
of POS our in our plan partner sales revamped part this, channel FI to a As and we out rolled already modernized competition organization. have and
plan additional sales the extending We course this are the to over of teams U.S. year.
a Our full enablement our strategic business. across differentiated on and of software focus delivering solutions commerce suite
partnerships launched loyalty distribution strategic accumulation global the enhance extended we to companies Network, platform redemption As with quarter, including largest options. the point to advance fourth and in example, People, Solutions, Issuer one that our capabilities of technology Engaged and one in Blackhawk several an serve key will
technology our efficiency nimble leverage to and And and agile a business effectiveness. more third, will our while increasing be leadership we
noted, teams all a under consolidated common previously I organizations As we of our leadership. have technology and
and effort change, With operating Our and a becoming technology and were agile of customer product development and in somewhat this organization mindset nimble and quality lack a focused investments, and of standardized inefficient operations and speed tools fragmented, a a we're development. product-centric environment. of duplication more with practices on resulting
geographies more efforts, distribute we accelerating target recently platforms to seamlessly, products processing modern, allows support To increasing architectural to easily market and small acquire and leverage towards a model. completed these platform. orchestration us our to This and multiple real-time transaction and across technology progress our a speed
environments us our allows to technology third-party globally. streamline providers and It operating eliminate certain also
leveraging markets architecture and to We Germany next of months. platform are extend all over and Europe the technology across the X in already will this Central XX our European
we Across the lending are needs and new includes enhancing focused launches. development, better for to and identify GenAI-supported on tools, as processes developer development modernizing product including customer also well product productivity. improving changes company, tooling and cycle This times software standardizing accelerate evolution as
and enhancements Early of already to shown of the half the codeployment tool near technology Assist year-end efforts in modernized We improvements The by priorities. tool our Code place our year. the benefits results a have support time to our realize productivity leveraging majority identified utilizing process developers anticipate double-digit in second in sets. XX% in beginning and reduction these of GenAI
are differentiation to continuing driving invest service. we Further, in through
We underway and automation. support support for our initiative offerings enhance modernize incorporate leveraging by GenAI to solution includes have routing teams that increase This flows, agent knowledge digital response AI-powered center software improve will global allow customers. replace to call customer omnichannel leverage our times an and and programs engagements, support management. experience enhance to This center multiple to expand better
We quarter fourth platform have the of the implemented fully XXXX. expect to by new
by achieved our initial $XXX from rate progress, of to income our and early run an $XXX of of Given milestones million annual half This increase first our unlock now than XXXX. more the we are more million. is operating operational outlook we've initiatives transformation ongoing expecting than the benefit
pleased last members whose pursuit the be relentless our the I ingenuity with passion, XX enabled excellence could performance more success not of team and of over months. our
remain capabilities, and to our I growth investments and XXXX, right leverage equities, our unlock our and and our begin products value we business, Josh? the invigorate and were streamline we unify doing business success. things As our confident all go-to-market best sustainable position amplify for to
